News
LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.
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LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.
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Industry News
Xcel Energy to Acquire Mankato Energy Center from Southern Power
LCG, November 8, 2018--Xcel Energy and Southern Power, a subsidiary of Southern Company, earlier this week announced an agreement for Southern Power to sell the Mankato Energy Center to Xcel Energy for $650 million. The completion of the sale, subject to regulatory approval and other closing conditions, is expected to be mid-2019.
Xcel Energy has purchased power from the Mankato Energy Center's first unit since 2006 and has an agreement for the energy from the under-construction second unit beginning in 2019. Once the gas-fired, combined-cycle facility is expanded from a 1x1 to a 2x1 design, the electric generating capacity of the power plant will increase from 375 MW to 760 MW.
"Securing the Mankato gas plant is a great value for our customers as it will provide significant cost savings and operating flexibility for the long term," said the president of Xcel Energy-Minnesota, South Dakota, North Dakota. "As we continue to transition to cleaner energy sources and reduce reliance on coal, this plant will help us continue to deliver reliable electricity while keeping bills low."
Proceeds from this transaction will be used to strengthen the balance sheet of Southern Company.
In September 2016, Southern Power announced its acquisition of the Mankato Energy Center from Calpine Corporation. The facility represented Southern Power's first generating asset within the Midcontinent ISO (MISO).
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
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